Financial Benefits of a Summer Home

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Saving with a Summer Home

A summer home is wonderful to have for a myriad of reasons, one of which is financial No matter if you own a home in the mountains or by the lake, owning another home can actually save you quite a bit of money.

Homes are big tax breaks and a second home will qualify for the same deductions. All you have to do is spend 14 days in your second home out of the year.

They can also be another source of income when you open it up for renting. If you are not spending a large amount of time in your second home, you can allow others to rent it for a few weeks for a small fee.

It also saves you money on planning a vacation. Why head anywhere else when you have a location to stay at in a lovely location?

Waterfront Home in CT

Connecticut has lovely lake homes that are perfect for vacationing or renting out. For more information about current listing, look to Advanced Waterfront.

 

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